• Up to 5% of Sales Price
• No Purchase Price Limitations (FHA Guidelines)
• Single Family Homes (Condo/half-plex ok)
• No Federal Recapture
• May be used with MCC Program
• Available in all CalFed CRA Counties

Loan Terms

• 1^st Mortgage: FHA 30-year Fixed Rate, priced daily through First Nationwide Mortgage
• 2^nd Mortgage: 20-year amortizing at fixed 7 ½ % interest rate.
• Lenders fund 2^nd mortgage loan at Close of Escrow, to be reimbursed upon purchase by First Nationwide